How Does the IRS Determine Who Gets Audited?

Submit Your Tip

How Does the IRS Determine Who Gets Audited? – This is a place for the community to provide tips and advice on How Does the IRS Determine Who Gets Audited?. This topic was created by Erez Cochva and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - 7 Reasons the IRS Will Audit You - NerdWallet

Published: 9 years, 5 month(s) ago | Submitted by Eileen Bonfiglio | permalink

Filing taxes is on par with going to the dentist or arguing with the DMV. It’s tedious, time-consuming and potentially expensive. As if fumbling with confusing numbers and complex forms…
Tags: credit cards, cd rates, savings, checking accounts, scholarships, airlines

For further reading: http://www.nerdwallet.com/blog/finance/taxes/7-reasons-irs-audit/ ^[1]

Tip 2 - What Are the Odds the IRS Will Audit Your Tax Return? And What Should You Do If It Does?

Published: 9 years, 5 month(s) ago | Submitted by Mark Nijveldt | permalink

Our in-depth look into how the IRS chooses its targets—and goes about its probes.

For further reading: http://www.kiplinger.com/article/taxes/T056-C005-S001-what-to-do-if-the-irs-audits-your-tax-return.html ^[2]

Tip 3 - What Are Your Odds Of Being Audited By The IRS?

Published: 9 years, 5 month(s) ago | Submitted by Bart Waeterschoot | permalink

Dear Client, It’s late March, so forgive me if I come off as a bit harsh, but do you know the old saying, “there are no stupid questions?” That’s bull. In fact, there are lots of stupid questions. This time of year, I hear them daily. For example: No, you can’t deduct your hot [...]
Tags: Business,Entrepreneurs,Investing,Personal Finance,Small Business Roundtable,Strategies Solutions,Taxes,Taxes and Law,Washington,Strategies & Solutions,Taxes & Law

For further reading: http://www.forbes.com/sites/anthonynitti/2013/03/25/what-are-your-odds-of-being-audited-by-the-irs/ ^[3]

Tip 4 - - How Does the IRS Pick Tax Returns to Audit? - Bargaineering

Published: 9 years, 5 month(s) ago | Submitted by Debbie Fisher | permalink

Doing your taxes is never fun. Even if you ignore how you must spend a couple hours filling out boring forms, finding documents, researching deductions, bl

For further reading: http://www.bargaineering.com/articles/how-does-the-irs-pick-tax-returns-to-audit.html ^[4]

Tip 5 - Seven Reasons the IRS Will Audit You

Published: 9 years, 5 month(s) ago | Submitted by Angu 00e 9lica Breu 00f 1a | permalink

There’s nothing inherently sinister about an audit, but it's in everyone's best interest to avoid these common mistakes that could land you in hot water.
Tags: computer,IRS,Internal Revenue Service,taxes

For further reading: http://www.foxbusiness.com/personal-finance/2013/03/08/seven-reasons-irs-will-audit/ ^[5]